People: Southcoast Financial Corporation (SOCB.O)
SOCB.O on Consolidated Issue listed on NASDAQ Global Market
3.40USD
9 Feb 2010
3.40USD
9 Feb 2010
Price Change (% chg)
$-0.08 (-2.30%)
$-0.08 (-2.30%)
Prev Close
$3.40
$3.40
Open
--
--
Day's High
$3.40
$3.40
Day's Low
$3.25
$3.25
Volume
2,524
2,524
Avg. Vol
2,719
2,719
52-wk High
$7.38
$7.38
52-wk Low
$1.08
$1.08
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Pearson, L. Wayne | 61 | 1998 | Chairman of the Board, President, Chief Executive Officer of the Company and the Bank |
| Heslop, William | 33 | 2006 | Chief Financial Officer, Senior Vice President of the Company and the Bank |
| Daniel, Robert | 58 | 2005 | Executive Vice President of the Company and the Bank |
| Seabrook, William | 52 | 2009 | Executive Vice President; Executive Vice President & Chief Operating Officer of the Bank |
| Coates, William | 59 | 1998 | Director |
| Scott, Robert | 65 | 2006 | Director |
| Smith, James | 54 | 1998 | Director |
| Baker, Tommy | 63 | 2005 | Director |
| Hutchinson, Stephen | 62 | 2005 | Director |
Biographies
| Name | Description |
|---|---|
| Pearson, L. Wayne | L. Wayne Pearson has been Chairman, Chief Executive Officer and President of Southcoast Financial Corp and the Bank since June, 1998. |
| Heslop, William | William C. "Clay" Heslop serves as Senior Vice President and Chief Financial Officer of Southcoast Financial Corp and the Bank since May, 2006; certified public accountant with Elliott Davis, LLC from January 2003 to April 2006. |
| Daniel, Robert | Robert A. Daniel is Executive Vice President of Southcoast Financial Corp and the Bank since 2005; Chief Lending Officer of the Bank since 1998; Senior Vice President of the Bank from 1998 to 2005. |
| Seabrook, William | William B. Seabrook is Executive Vice President of Southcoast Financial Corp and Executive Vice President & Chief Operating Officer of the Bank. He served as the Head of Retail Banking for the Bank since 2004; Senior Vice President of the Bank from 2004 to 2005; Correspondent banker with FTN Financial, a division of First Tennessee Bank from 1997 to 2004. |
| Coates, William | William A. Coates serves as Director of Southcoast Financial Corp. He is Attorney and shareholder, Roe, Cassidy, Coates & Price, P.A., Greenville, South Carolina (attorneys) since January 1, 2002; attorney and shareholder, Love, Thornton, Arnold & Thomson, P.A., Greenville, South Carolina (attorneys) 1980-2001. |
| Scott, Robert | Robert M. Scott serves as Director of Southcoast Financial Corp. He is Retired; Executive Vice President and Chief Financial Officer of the Company and the Bank from June, 1998 until May, 2006; Secretary of the Company and the Bank since June, 1998; Vice Chairman of the Company and the Bank. |
| Smith, James | James P. Smith serves as Director of Southcoast Financial Corporation. He is President, Atlantic Coast Advisory Group (insurance sales) since 2004; Regional Manager, American General Financial Group Insurance (insurance sales) 2000 to 2004; Member of MUSC Children's Hospital Advisory Board, 2008. |
| Baker, Tommy | Tommy B. Baker serves as Director of Southcoast Financial Corp. He is Owner- Baker Motors of Charleston (automobile dealership). |
| Hutchinson, Stephen | Stephen F. Hutchinson serves as Director of Southcoast Financial Corp. Mr. Hutchinson has been President, East Coast Development Company, Inc. (real estate) |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Pearson, L. Wayne | 1,296,980 |
| Heslop, William | 132,746 |
| Daniel, Robert | 247,375 |
| Seabrook, William | 285,898 |
| Coates, William | -- |
| Scott, Robert | 194,781 |
| Smith, James | -- |
| Baker, Tommy | -- |
| Hutchinson, Stephen | -- |
As Of 30 Dec 2008
Options Compensation
| Name | Options | Value |
|---|---|---|
| Pearson, L. Wayne | 6,685 | 30,634 |
| Heslop, William | 0 | 0 |
| Daniel, Robert | 3,025 | 25,803 |
| Seabrook, William | 0 | 0 |
| Coates, William | 0 | 0 |
| Scott, Robert | 10,525 | 129,678 |
| Smith, James | 0 | 0 |
| Baker, Tommy | 0 | 0 |
| Hutchinson, Stephen | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| HESLOP WILLIAM C | 513 | $2.92 |
| SEABROOK WILLIAM B | 515 | $2.92 |
| DANIEL ROBERT A JR | 411 | $2.92 |
| PEARSON LEWIS WAYNE | 1,976 | $2.92 |
| HESLOP WILLIAM C | 419 | $4.18 |
| SEABROOK WILLIAM B | 418 | $4.18 |
| DANIEL ROBERT A JR | 335 | $4.18 |
| PEARSON LEWIS WAYNE | 1,610 | $4.18 |
| BOCHETTE WILLIAM C III | 294 | $5.00 |
| BOCHETTE WILLIAM C III | 1,000 | $4.95 |
| PEARSON LEWIS WAYNE | 1,513 | $4.45 |
| DANIEL ROBERT A JR | 315 | $4.45 |
| HESLOP WILLIAM C | 393 | $4.45 |
| SEABROOK WILLIAM B | 393 | $4.45 |
| PEARSON LEWIS WAYNE | 1,625 | $3.55 |
| DANIEL ROBERT A JR | 338 | $3.55 |
| SEABROOK WILLIAM B | 423 | $3.55 |
| HESLOP WILLIAM C | 423 | $3.55 |
| HESLOP WILLIAM C | 493 | $3.55 |
| PEARSON LEWIS WAYNE | 1,897 | $3.55 |
| SEABROOK WILLIAM B | 493 | $3.55 |
| DANIEL ROBERT A JR | 394 | $3.55 |
| HESLOP WILLIAM C | 247 | $6.07 |
| DANIEL ROBERT A JR | 199 | $6.07 |
| SEABROOK WILLIAM B | 247 | $6.07 |





